Dear Member,

The tenure of MD is upto 31st March, 2013.

Is the Board Meeting convene on 31st March, 2013 or on 01.04.2013 for Reappointment of the MD?

What is the penalty, if Form 23 (within 30 days) and Form 25C (within 90 days)for reappointment will not file in time?

Please guide me.

Thanking you

Amit

A company has fully depreciated assets i.e.. Nil value. If the company transfer that assets to his subsidiary company at which value

market value or nil value
please reference Section


plz suggest me

Dear Sir/Madam,

I have some doubts regarding capital gain, you are requested to resolve the same :-

1. If one can sell a residential flat below than circle rate then what is to be considered as sales consideration.

2. Whether intrest paid on housing loan after possession of flat are included for the purpose of indexation.

3. If amount paid for purchase of flat before the date of possession/registration, then shall we considered the payment date as purchase date of flat.

4. Shall we invest the amount of capital gain for purchase of land in unauthorised area where registry of plots are not allowed and sale are done through GPA/Will/Agreement to sell.

Thanks

SIR,

A DEALER TOOK A CASH LOAN OF BELOW RS. 20,000/- AND AFTER ADDING INTEREST TO IT,IT EXCEEDED 20,000/-AND NOW IT IS RS. 50,000 for example.
NOW THE QUESTION IS THAT CAN HE REPAY THE PRINCIPAL AMOUNT TO THE CREDITOR IN CASH AND NOT THROUGH CHEQUE BY PAYING BELOW RS.10,000/- EACH TIME. PL CLARIFY.

EXPERTS,

WHERE WE HAVE TO SUBMITE CHALAN FOR FEES FOR DELAY IN FURNISHING TDS/TCS STATEMENT U/S 234E .

WHETHER AT CPC OR TDS WARD ?

PLZ REPLY......

i have filed return of my client for the asst year 2011-2012 and sent ITR V to CPC by post in prescribed time but department not process return and refund of my client not issued when i check status of return then i find that cpc rejected return and give reason that return not received in prescribed time.

I want to knoe that whit I do in this case

Hello friends,
i am having a query regarding the loan taken for tution (private classes) for child can the interest on the same can be claimed under income tax.... if i am salaried person and if in case,if i am self employed.
fro e.g.,
if i am taking a CA coaching classes and for which i hav taken education loan to pay off fees of ICAI as well as classes e.g.80000 to classes and 22000 to institute.In this case how much amt will be eligible for deduction(interest) under which section.
reply ...

thanks ..............

i am a proprietor

i am not maintaining books of account. now i want to file income tax return.

can i file ITR-4 & use No Account Case...?

how can i check articleship status

Suppose Mr. A is receiving commission income from Amway after deduction of tax at source (TDS). What will be the accounting entry in the books of Mr. A?

Is the following entry correct?

Mr. A (Capital A/c) .......Dr. 9,000
TDS receivable..............Dr. 1,000
To Amway 10,000

If not, what is the correct entry?